The fascinating advent of digital transformation represents a seismic shift that will impact companies, business paths, and entire economic structures.

The fascinating advent of digital transformation represents a seismic shift that will impact companies, business paths, and entire economic structures.

The question today is, what digital tools should you start diving into in order to get fully prepared to master this incredibly powerful transformation, hone new skills, and boost your digital swagger? By reading this article on the best digital transformation tools, you will get access to the top 5 best tools you should explore to ride the digital transformation wave in style.

What is Digital Transformation?
Digital transformation is the brand-new utilisation of digital tech to deal with typically complex problems. This series of digital solutions can actually craft whole new types of creative innovation, instead of just serving as an enhancement or an add-on to what already exists. This change represents the integration of immensely complex digital technologies into all the different arenas of a corporation.

The expected result? To ensure there will be crucial changes in terms of how businesses effectively operate and how they can ultimately boost the value they give the end-customer.

Digital transformation can also be seen as a cultural change. Why? Because it will consistently require that all businesses challenge their own perceptions and ideas, putting the status quo to test every single day.

What is the aim of Digital Transformation?
This cultural shape-shifting phenomenon has one goal: to ensure digitized information creates methods that let organizations become more efficient. It’s really all about allowing companies to understand that – in order for them to stay relevant and still have a business in the next 5 years – they need to up the ante, become faster, better, more tech-oriented, and more knowledgeable of the power of data.

What are the biggest challenges facing Digital Transformation?
There are many challenges when it comes to digital transformation. The most important one is what is known as employee pushback. What’s this all about? It’s about understanding human beings like routine and structure and that this type of change will obviously impact that tried-and-tested method. What to do? Businesses should ensure they keep their employees informed of all the different changes that will impact their day-to-day.

Here’s a list of other digital transformation challenges that are sure to take a lot of hours of sleep from some of the world’s most forward-thinking CEOs:

  • Difficulty to find expertise to lead the digital boom.
  • Resistance from top brass (usually more conservative and resilient in their ways)
  • Lack of a budget assigned to digital transformation.
  • Lack of full-blown visibility when it comes to the end user experience.
  • Highly-complexified IT infrastructure that makes it impossible to perform needed changes.
  • Budgetary restrictions that make companies lag behind.

An easy choice
As technology change increases, industries will continue to be forced to change. Corporations that regard and pursue digital transformation in a multi-dimensional way will find greater success than those that don’t.

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Digital transformation is the use of a number of digital technologies to enable an organization to improve or evolve their business process, culture and customer experiences to meet today’s rapidly changing business environment.

This is achieved through a smart integration of digital technologies, processes and competencies across all levels and functions in a staged and strategic way.
The key thing to remember is that digital transformation will look different for every company, simply because each company structure and operation are different.

This means companies will require different levels of digital and software integration which will change day-to-day operations and how they deliver value to customers.

Why does digital transformation matter?
A business may take on digital transformation for several reasons. But by far, the most likely reason is that they have to: It’s a survival issue for many. According to the American Enterprise foundation in 1958, U.S. corporations remained on the stock market index for an average of 61 years, by 2011, it had dropped to 18 years. Today, companies are being replaced on the index approximately every two weeks. Technology has driven this shift, and companies that want to succeed must understand how to merge technology with strategy.

To make our definitions tangible, it will help to understand that there are three major types of digital transformation:

Internal Digital Transformation
As the organization grows, and the data that you store also grows, so too should your systems. If you add new products or expand your client portfolio, then this necessitates the expansion of your data warehousing system. In turn, the reporting functionality within your software must be dynamic and keep up with the pace of your past changing and vibrant business.
The first type of digital transformation is what goes on inside of a business. Internal digital transformation is any sort of technology that employees use to work with each other and business partners. Streamlining all interactions and creating central locations for work and files.
This leads to several things:
1. Increased workplace productivity
2. Better customer experience
3. Better time management as tasks take less time.
4. Automated systems that can reduce overhead.

External Digital Transformation
The next form of digital transformation is external transformation. This focuses on the organization’s relationships with its customers, suppliers, employees, and partners. E-commerce is the most obvious example. E-commerce not only improves the business processes between trading partners, whether B2C or B2B, but it can also improve the nature of the business relationship, from one that is largely transactional to one that is more strategic. Netflix for example runs an algorithm that selects films according to the users viewing history and will suggest content that the user is more likely to watch. This allows Netflix to gain a deeper understanding of customers both online and offline.

Data-driven Transformation
As Africa becomes more digitized, data-driven decisions will make or break organizations. Digital transformation will help businesses future proof by using data and analytics to study information gathered. This will help companies interpret customer decisions, make better marketing and sales decisions while giving the ability to provide quick and timely solutions to customers.

Gone are the days of going by your gut, in an economic reality where entire industries are changing, actionable intelligence is the new currency. Data and information have become core business assets, sources of revenue, and critical enablers in the information age.

Final note:
As technology change increases, industries will continue to be forced to change. Gone are the days of making decisions by gut instinct. We are in an economic reality where entire industries are changing and actionable intelligence is the new currency. The corporations that regard and pursue digital transformation in a multi-dimensional way will find greater success than those that don’t. For small businesses just getting started, the advantage you have today is that you can digitize your processes and future-proof from the word go. Talk to the experts now and find out how you can begin the transformation process for your business